Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Alabama Graphite Corp. Com ABGPF



GREY:ABGPF - Post by User

Comment by BamaGraphiteon Feb 11, 2017 5:26pm
330 Views
Post# 25833017

RE:RE:too many sellers here

RE:RE:too many sellers hereYes, there are too many sellers or at least ppl with a large number of shares looking to use good news as an opportunity to dump them into the market.  What we really need is more buyers and lots of them.  The total volumne of shares traded since Wednesday's news release was about 2.7 - 2.8 million shares worth approx $480,000 - assuming an average share price of 17.5 cents.  In the grand scheme of things that's not alot of money, we need alot of new investors willing to take significant positions in Alabama.  I'm willing to believe we are close to having just that happen.  The market has to digest Wednesday's news and once it's significance is understood I can't help but think new investors will emerge.  As we sit today what are the risks for Alabama?  Alabama is in such a sweet spot right now is there more than a 50% chance they won't go into production?  The worst case scenario might be that they only supply a small number of DoD/DoE contractors,  Given the amount of money invested in Lithium juniors wouldn't it stand to reason that some of that money will be directed to Alabama, doesn't Wednesday's news make Alabama a better bet than alot of the Lithium juniors out there?  

Time will tell but I think in a matter of a 3 to 9 months we'll all be glad we held onto our shares.  

glta

jmo
Bama    

<< Previous
Bullboard Posts
Next >>